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SBA lenders in Kokomo, IN

SBA 7(a) and 504 loans to businesses in Kokomo (Howard County), October 2021 to June 30, 2026 · Updated October 15, 2026
59
SBA loans approved
$36.1M
Total approved
$250,000
Median loan
23
Lenders active
41%
To startups

59 SBA loans worth $36.1M went to businesses in Kokomo, IN between October 2021 and June 2026, from 23 lenders. Community First Bank of Indiana made the most, 12 loans. The median loan was $250,000, compared with $171,000 across Indiana, and retail was the most financed industry.

Most active SBA lenders in Kokomo

#LenderLoansApprovedMedian loanTo startups
1Community First Bank of Indiana
Bank · Kokomo, IN
12$11.2M$1,028,00025%
2Huntington National Bank
Bank · Columbus, OH
9$2.5M$40,00056%
3Centier Bank
Bank · Whiting, IN
4$1.5M$100,00025%
4Indiana Statewide Certified Development
Certified development company · Indianapolis, IN
3$2.5M$794,00033%
5Live Oak Banking
Bank · Wilmington, NC
3$1.7M$678,00067%
6Flagship Enterprise Center, Inc. (dba Bankable)
Non-bank lender · Anderson, IN
3$324K$74,00067%
7STAR Financial Bank
Bank · Fort Wayne, IN
3$284K$30,00033%
8First Internet Bank of Indiana
Bank · Fishers, IN
2$4.3M$2,135,000100%
9East West Bank
Bank · Pasadena, CA
2$2.2M$1,109,0000%
10First Farmers Bank and Trust Co
Bank · Converse, IN
2$1.8M$890,1000%
11Loyal Trust Bank
Bank · Johns Creek, GA
2$1.4M$675,000100%
12Peoples Bank
Bank · Mendenhall, MS
2$150K$75,00050%
13PNC Bank
Bank · Wilmington, DE
2$45K$22,50050%
14First Bank of the Lake
Bank · Osage Beach, MO
1$4.6M$4,604,5000%
15First Merchants Bank
Bank · Muncie, IN
1$540K$540,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Kokomo. For 504 loans the lender shown is the certified development company.

What gets financed in Kokomo

IndustryLoansShareMedian loanMost active lender
Retail14
24%
$486,000Community First Bank of Indiana
Restaurants and hotels9
15%
$550,000Community First Bank of Indiana
Construction8
14%
$150,000Huntington National Bank
Arts, entertainment and recreation7
12%
$175,000Community First Bank of Indiana
Health care and social assistance5
8%
$794,000Huntington National Bank
Manufacturing4
7%
$100,000Centier Bank
Transportation and warehousing4
7%
$37,500Huntington National Bank
Administrative and support services3
5%
$200,000Live Oak Banking
Loan size mix
  • Under $150,00041%
  • $150,000 to $500,00017%
  • $500,000 to $2 million39%
  • $2 million and up3%
Compared with Indiana
Median loan, Kokomo
$250,000
Median loan, Indiana
$171,000
Startup share, Kokomo
41%
Startup share, Indiana
35%
Share of state's SBA loans
1.0%

SBA loans per fiscal year in Kokomo

071320FY14: 9 loansFY14FY15: 8 loansFY15FY16: 7 loansFY16FY17: 9 loansFY17FY18: 9 loansFY18FY19: 7 loansFY19FY20: 7 loansFY20FY21: 15 loansFY21FY22: 5 loansFY22FY23: 14 loansFY23FY24: 16 loansFY2416FY25: 16 loansFY25FY26 (Oct to Jun): 8 loansFY268
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.